In my last three blogs I discussed the top 20 ways to improve the value of your home. Now a couple things to consider before you do any improvement:
1) Look at how long you are going to be in your home. Some improvements are imperative to make to get your home in sellable condition. Other improvements should only be made if you plan on being in your home for a while.
2) Check out your Neighborhood. You never want to improve beyond the value of your neighborhood. Being the biggest or best house on the block is not the best thing for resale.
3) Check out your Market. What is the current housing market in your area? Who is the potential buyer of your home when you do go to sell?
4) Don’t design yourself into a corner by being too specific. You don’t want to limit who you can sell to. Personalize your home through paint and accessories that are easy to change rather than having to replace walls.
5) Balance your style and area. Again, keep in mind what will sell in the future if you choose to do so?
If you are planning to make improvements and potentially sell in a shorter period of time, check out the statistics listed on my website on the return on your investment for certain improvements. It can be found at: http://roomswithstyle.com/reasons.html
If you have made any mistakes in your home improvements that you would like to share with others so they don’t make the same ones, please do so. What is your horror story in home improvements? Or, what was your biggest success? I’d love to hear.
In the next blog I am going to talk about MYTHS in home improvements.